企業概要
Local Bounti Corporation engages in the production and sale of fresh greens across the United States, offering a diverse portfolio that includes lettuce, arugula, spinach, basil, herbs, berries, and loose-leaf lettuce. This business model targets food retailers and food service distributors, positioning the entity within the Consumer Defensive sector under the Farm Products industry classification. The company currently operates with a market capitalization of $33.60 million and employs a workforce of 286 individuals to execute its agricultural and distribution operations. With reported annual revenue of $48.37 million over the trailing twelve months, the firm's valuation metrics suggest a small-cap status that reflects its specific niche in the fresh produce supply chain rather than broad market dominance.
財務健全性
The company reported revenue of $48.37 million for the trailing twelve months, yet this top-line activity generated a net income of -$94,379,000, revealing a severe cost structure where expenses significantly outweigh revenues. Operating expenses, likely driven by the high costs of fresh produce procurement, logistics, and packaging, resulted in an EBITDA of -$35,667,000, indicating that core operations are currently cash-burning. The generation of free cash flow stands at -$57,409,752, which implies that the company is utilizing its cash reserves to fund operations rather than returning capital or expanding through organic cash flow generation. Analysis of the three primary margins shows a gross margin of 12.1%, an operating margin of -106.1%, and a profit margin of -195.1%, all pointing to substantial inefficiencies or structural losses in the current business environment. The balance sheet presents a leveraged profile with total debt of $535.52 million against liquid cash of $4.23 million, while the debt-to-equity ratio is listed as N/A due to the financial structure. Despite the significant debt load, the current ratio of 1.35 indicates that the company holds sufficient current assets to cover its short-term liabilities without immediate default risk. Return on Equity is listed as N/A due to the negative equity position, while return on assets stands at -8.8%, highlighting that the asset base is currently generating negative returns for the entity.
バリュエーション評価
Valuation multiples for Local Bounti Corporation include a trailing P/E ratio of N/A and a forward P/E of -0.29, the disparity between these figures reflects the absence of positive earnings and the use of negative earnings for forward projections. The price-to-book ratio is recorded at -0.20, suggesting that the market values the company's equity at a discount relative to its book value, a common characteristic for firms with significant accumulated losses. Alternative valuation metrics such as the price-to-sales ratio of 0.69 and an EV/EBITDA of -15.84 provide context for investors, indicating that valuation is currently driven by revenue generation rather than profitability or earnings power. The stock has traded between a 52-week high of $4.38 and a 52-week low of $0.98, with the current price position requiring calculation relative to these bounds to determine proximity to recent highs or lows. The beta coefficient is measured at 2.17, which signifies that the stock exhibits high price volatility and tends to move with greater magnitude than the broader market index.
Growth & Income
Revenue growth for the company stands at 23.7% year-over-year, while earnings growth is listed as N/A due to the negative net income position, implying that revenue expansion has not yet translated into profitability. As a non-dividend payer, the company reports a dividend yield of N/A and a payout ratio of 0.0%, indicating that all available cash is retained within the business rather than distributed to shareholders. This strategy suggests that management intends to reinvest limited financial resources into operational improvements or debt reduction rather than providing income to investors. Overall, the growth and income profile is characterized by strong top-line expansion that has not yet resulted in positive earnings, coupled with a lack of dividend distribution and significant financial leverage.